39
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$3,350,000
Est. payment /mo
0.99 Acres Lot
Active
2783 Coral Ave Morro Bay, CA 93442
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Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSC24229005
HOA Y/N No
Lot Size 0.990 Acres
Acres 0.99
Property Sub-Type Unimproved Land
Property Description
Capitalize on an exceptional investment and development opportunity between the desirable Beach Tract and Cloisters neighborhoods. The one-acre parcel comprises five lots, which are being prepped for further improvement. This fully approved subdivision, located West of Highway 1, offers an unparalleled chance for transformative growth in one of Morro Bay's most sought-after areas. This offering includes more than land: it has a complete development package, including approved architectural plans, thoughtfully designed landscaping, detailed construction documents, and Coastal Commission approval with permits. Adjoining The Cloisters encompasses 84 acres, including 57 acres of preserved open space, a one-acre public park, and over two miles of paved trails with direct beach access—an idyllic coastal haven for future residents. This development is positioned for success in a market with strong demand for single-family homes within prime beachside locations. Don’t miss out on the chance to shape the future of Morro Bay’s coastal landscape and make a lasting mark on this vibrant community. The groundwork is laid for a successful project; now is the time to seize this opportunity.
Location
State CA
County San Luis Obispo
Zoning REC
Interior
Fireplace No
Exterior
Utilities Available Other Water/Sewer, No Water/Sewer, Cable Connected, Electricity Connected, Sewer On Site
View Y/N true
View Other
Building
Lot Description Corner Lot, Other
New Construction No
Others
Tax ID 065386015
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Frankie Ciano • Ciano Real Estate, Inc.
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Mike & Jules Guzzardo Team With Jenny Biczkow
Realtor | r01066846,01955798,02086289